Member Info for andmillsy

Thanks Shorn and lovely to catch up with you CE, prickly, Jamiescakes Ed, Phil and Zak and the other names I've forgotten.
I think you've captured the main points.
I'll add tomorrow as I'm currently a sardine on an overpacked train heading back to Warwickshire.
Whatever notes we share from the meeting they won't replace investing time to watch the video.
There were no new drill or assay results :(
However the information shared and the (not surprising) confidence of the presentation certainly encourages me to consider investing more but that needs to be a decision based not just on the presentation but individual exposure, average price and appetite for risk.
Adding to point 4 from Shorn the "approach" from XTR does appear to be based on "decision to mine" and resultant NPV. Please watch the video to draw your own conclusions.
Colin is clearly well on top of pretty much everything we discuss and ask on the LSE board even black spring's cemetery got discussed ... Ella.
I found his conversation incredibly open and more so considering anyone from AA can watch the video, may have been there tonight or could be posting on the board .... not guilty your honour.
Anyway I'm nearly at train destination.

What will tomorrow have install? I'm not sure but I feel confiden there is a strong probability of an excellent outcome in x months time. Please draw your own conclusions on x.

Uploaded after the event I've been informed

The Company confirms that at the Annual General Meeting ("AGM") held earlier today, resolutions 1, 2 and 3 were duly passed by shareholders. Resolutions 4 and 5, which relate to the ability of the directors of the Company to issue and allot shares, were defeated.

Hi prickly look forward to meeting you there as I also plan to attend. I also understand that the meeting will be recorded but published after the event.
All the best.

Fully agree NtM I'm also largely a silent holder here.
Production report is excellent and I really can't wait to see this reflected in the revenue and profit with the added accelerator of increased prices. Looking good.

Thank you Steve. Working from phone at mo so difficult to do the research - not just being lazy :)

Joe and others - apologies for the dumb question - if you can share a quick answer - is Footrot not part of next batch of phase 2 holes ?

Posted a couple of updates on Twitter today. XTR does feel to be getting a lot more interest largely with work of Zak and the interviews imo
https://twitter.com/andmillsy/status/1448537844251758595?s=20
https://twitter.com/andmillsy/status/1448553905386835971?s=20

Ella "I wonder if they can manage to pull a Mozambique rabbit out of the hat tomorrow.'
Nailed it!

Does it seem likely that Ecotricity will start to offload their stake in Good as the hostile takeover has lapsed? Thanks

6pm - 9pm
Apparently will be recorded and available after the event.
To attend you can either send a message to Zak on Twitter or email waltie@xtractresources.com

It's at city of London club at 19 old broad street and smart casual dress code no sportswear!!!

Hahaha let me see how it's going!

Definitely on the next leg up - but I have to say no idea where that leg will take it to.
Flow of news has been incredible in last couple of weeks UK, France, Japan all going big on nuclear and supply deficit being exacerbated by Sprott action.
At $48 /lb our premium is back to zero so we should play some catch up with Sprott tomorrow hopefully. Sprott were at 7% premium last night and share price only up 2% at this point today so will be likely showing very large premium tonight following increase in spot price.
Anyway thats my theory but I am holding not trading.

Guys this is gone mental - I have bought more at £3.71.
Seems spot at $48
Seriously I am not trying to ramp but it may appear that way apolos
https://twitter.com/quakes99/status/1448305072652259333?s=20

Holy #Uranium Gods!Man mage US #Nuclear fuel brokers 'Uranium Markets' are reporting a +$7.50 +18.5% spike in Spot #U3O8 to US$48.00/lb Up-pointing double triangleRocketLast quarter moon with face with Sellers now asking a minimum of $50/lb.Exploding head Yeeee-Haaaaw!

Per Kev Brambrough on twitter $46 traded. I'm not seeing it on Numerco however ...
https://twitter.com/BambroughKevin/status/1448297365832708104?s=20

Interesting idea
1. Shares in Treasury per Sep report = 4.2m = c£16M @ £3.75 = c$22M
2. Cash per Sep report = $22M **
So in total $44M. Assuming $41 per /lb = just over 1mil lbs.
This I note was done before according to 2021 purchase report 1.4Mlb at an average price of US$29.88 /lb .
So there is a precedent.

**Cash and other current assets and liabilities of US$105.1 million as at 30 June 2021, less cash consideration of US$18 million paid for the purchase of 550,000 lb of U3O8 in July and August 2021, less cash consideration of $64m to be paid in respect of 2Mlb of U3O8

Thanks SGD27 - your post hadn't appeared when I posted mine but is reassuring to see that great minds think alike !

Thanks Bancal and TtB
Basically I used YCA Sept presentation and plugged in updated values. Page 6 of the following link and created a simple excel version which I can tweak to determine when to buy and when not to buy - yes I'm not yet thinking to sell ;)
https://www.yellowcakeplc.com/wp-content/uploads/2021/09/Yellow_Cake_Investor_Presentation%20_September_Final.pdf

Chris I think we may get RNS for completion of 20 and 21 today or tomorrow.
From the RNS on 28 Sept (mainly assay update) the following statement was included "· Phase 2 drilling programme at Racecourse continues with BRDD-21-020 and BRDD-21-021 underway."
We have for several weeks pretty much had a weekly cycle of RNS's on drill completion or containing drill completion info (14 Sep, 22 Sep, 28 Sep and an update on 7 Oct). So, I am also expecting this "imminently" for 20 and 21.
Would be nice if it also contained an update of the drill plan clearly showing drill direction and location Any sneak peek assay results would also be welcome ...

We are running at a very high premium c18% (Sprott was c7% last night) - need spot to catch up - anyone confirm my calcs ?
lbs 15,855,601
$/lb 40.5
fair value 642,151,841
liability -6,500,000
cash 22,800,000
NAV$ 658,451,841
$/£ 1.3630
NAV£ 483,090,125
number shares 153,671,232
NAV per share 3.1437
YCA sp 13/10 10am 3.7200
discount to NAV 18.333%

U spot at $48 and premium back to zero.

Thanks Ella but really all credit of course to XTR who I feel have read our comments and reacted accordingly with the RNS Next step is stronger presence on social media eg Twitter.
I've tried to"market" a little bit and anyone on Twitter can retweet and comment to gain greater awareness of XTR
https://twitter.com/andmillsy/status/1448185313520754688?t=CsEoLcm70MIN_Tm9kBI-mQ&s=19

Also worth a like and retweet of this one from Phil
https://twitter.com/Waren_Buffett/status/1447300236251181058?t=7iVfrTkgQ_yCKWX8VLw_Sg&s=19